Abstract
A key, and often controversial, issue in environmental negotiations is the appropriate extent of harmonization of environmental policies. This paper, within a general equilibrium model of international trade with endogenous pollution discharges, identifies instances in which pollution-tax harmonization can deliver potential Pareto improvements.
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Vlassis, N. The Welfare Consequences of Pollution-Tax Harmonization. Environ Resource Econ 56, 227–238 (2013). https://doi.org/10.1007/s10640-012-9588-9
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DOI: https://doi.org/10.1007/s10640-012-9588-9